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The manager of a retail shoe store has applied statistics to analyze sales, purchasing, and data and reached the conclusion that the store could reduce
The manager of a retail shoe store has applied statistics to analyze sales, purchasing, and data and reached the conclusion that the store could reduce costs by reducing inventory of very small and very large sizes, and substituting an online ordering service to drop-ship rare sizes directly from suppliers. How should the manager communicate those results to the store owner?
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Summarize the recommendations, supported by visual representation of the data and statistics.
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Project the future online sales data using a line graph.
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Schedule a conference call with the owner and suppliers to discuss online ordering options.
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Provide the complete data set and all statistical analyses to the owner in spreadsheets
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